The Governmental Policy of Budget Balancing in Ukraine
The Governmental Policy of Budget Balancing in Ukraine

Author(s): Petro Krush, Dmytro Mastiuk, Petr Valouch
Subject(s): National Economy, Economic policy, Government/Political systems, Fiscal Politics / Budgeting
Published by: Masarykova univerzita nakladatelství
Keywords: Budget; state finance; state policy; Budget deficit; state debt;
Summary/Abstract: The main aim of the paper is to identify distinctive features of the state Budget balancing policy realization, to define the internal and external factors that influence the State’s Finance and to determine sources of the supplement and balancing of the Ukrainian State Budget. As the result, the paper provides crucial contradictions of the state policy implementation of the State Budget balancing in Ukraine. In the article, we group main influential factors, depends on the nature of the influence (external and internal), that define the negative state and misbalance the Ukrainian Budget. Herein, we offer the scientific approach for Ukrainian Budget’s replenishment and balancing with main accent on activation of the internally related financial potential sources. Introduced approach will ensure the equalization of the expenditures and income, which will set up the basis for a long-term stable growth and resolving of the socio-economic issues. The results of the research are very important and can be applied for the anti-crisis plan development in order to ensure the additional incomes to the State Budget using the potential financial sources accumulation, as the basis for effective long-term execution of the Ukrainian state policy of the Budget Balancing.

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